| Popis: |
Two types of categories for measuring health status are distinguished, the subjective and the objective. This study aims to shift from a subjective measure of Self-rated health (SRH) to a health index that is more objective. The research question asks about the advantages and disadvantages of each. Some positive aspects of the subjective method may be drawn from its simplicity, from accessibility of data collection, from low survey costs, from popularity, from the large use by researchers. It may be considered problematic because it relies on respondents' perceptions, which can change when reassessing health. There may also be problems with data accuracy. As for the health index, it can be recognized as easy to interpret, easy to solve econometric problems, i.e. problems related to multicollinearity. The difficult part is the construct of the index and the fact that data may change over time. This comparison can help researchers when choosing or updating a health measure, but also might contribute on health policy-decision-making |
